2012-03-05T09:29:01-06:00 2011-08-31 ELLIOTT DAVIS LLCPLLC 1901 MAIN STREET SUITE 1650 COLUMBIA SC 29201 990 2010-09-01 570343998 SOUTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES INC SOUT 8037997122 PO BOX 12007 COLUMBIA SC 29211 BRENDA TORRENCE 8037997122 2012-03-05 1 DENISE P HILL CPA 8032560002 2010 2016-02-24 21:20:13Z BRENDA TORRENCE PO BOX 12007 COLUMBIA SC 29211 2420321 0 X WWW.SCICU.ORG X 1953 SC SCICU SUPPORTS AND PROMOTES THE VALUES OF INDEPENDENT HIGHER EDUCATION IN SOUTH CAROLINA. SCICU SEEKS TO ADVANCE HIGHER EDUCATION THROUGH FUNDRAISING, SCHOLARSHIPS, RESEARCH, AS WELL AS FACILITATING COLLABORATIVE ACTIVITIES AMONG THE MEMBER INSTITUTIONS. SCICU ALSO ENHANCES A POSITIVE PUBLIC IMAGE AND ENCOURAGES GOVERNMENT POLICIES THAT SUPPORT INDEPENDENT HIGHER EDUCATION. 57 57 4 57 0 0 1134233 1000248 0 0 80361 29520 -23074 -18323 1191520 1011445 697971 611363 0 0 340478 358316 0 0 98187 180394 167735 1218843 1137414 -27323 -125969 4166753 4345267 0 0 4166753 4345267 X SCICU SUPPORTS AND PROMOTES THE VALUES OF INDEPENDENT HIGHER EDUCATION IN SOUTH CAROLINA. SCICU SEEKS TO ADVANCE HIGHER EDUCATION THROUGH FUNDRAISING, SCHOLARSHIPS, RESEARCH, AS WELL AS FACILITATING COLLABORATIVE ACTIVITIES AMONG THE MEMBER INSTITUTIONS. SCICU ALSO ENHANCES A POSITIVE PUBLIC IMAGE AND ENCOURAGES GOVERNMENT POLICIES THAT SUPPORT INDEPENDENT HIGHER EDUCATION. 0 0 882130 611363 DISTRIBUTION OF GIFTS TO RECIPIENTS SELECTED BY SOUTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES, INC. 882130 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 4 1 0 0 0 0 0 0 0 0 0 0 X 57 57 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BRENDA TORRENCE 8037997122 PO BOX 12007 COLUMBIA SC 29211 X VICKI B ARTHUR X 0 0 0 HENRY E BARTON JR X 0 0 0 HENRI ETTA BASKINS X 0 0 0 WILLIAM CATHCART BEATY JR X 0 0 0 MICHAEL R BRENAN X 0 0 0 SUSAN WINGARD CLIFTON X 0 0 0 RUSSELL COOK X 0 0 0 VIRGINIA L CROCKER X 0 0 0 DR BENJAMIN B DUNLAP X 0 0 0 DR JAMES B EPTING X 0 0 0 SARA B FISHER X 0 0 0 DR BETSY FLEMING X 0 0 0 TOBY W GOODLETT X 0 0 0 DR WALT GRIFFIN X 0 0 0 DR JOHN V GRIFFITH X 0 0 0 HEATHER HOOPES-MATTHEWS X 0 0 0 RANDY HORN X 0 0 0 LAURA JACKSON HOY X 0 0 0 DR JAIRY C HUNTER JR X 0 0 0 JAMES W INGRAM JR X 0 0 0 J THOMAS JOHNSON X 0 0 0 DR WILLIAM H JONES X 0 0 0 DR COLLEEN PERRY KEITH X 0 0 0 JAMES KELLETT JR X 0 0 0 DR V SCOTT KOERWER X 0 0 0 RAY LATTIMORE X 0 0 0 DR JOAB M LESESNE JR X 0 0 0 KATHLEEN C MCKINNEY X 0 0 0 DR DAVID NORMAN X 0 0 0 THOMAS O'HANLAN X 0 0 0 MICHAEL O'SHAUGHNESSEY X 0 0 0 RUSSELL R RAINES X 0 0 0 JOHN C RAMSEY X 0 0 0 DR PHIL RENDER X 0 0 0 DR LUNS C RICHARDSON X 0 0 0 MAYOR TERENCE V ROBERTS X 0 0 0 ANN K ROBINSON X 0 0 0 CHARLIE SANDERS JR X 0 0 0 DR CLEVELAND L SELLERS JR X 0 0 0 WALTER D SHEALY III X 0 0 0 RODNEY A SMOLLA X 0 0 0 NANCY SPENCER X 0 0 0 STEWART SPINKS X 0 0 0 DR DAVID J SPITTAL X 0 0 0 JIM O STUCKEY X 0 0 0 DANIEL T SULTON X 0 0 0 RON SWINSON X 0 0 0 DR DAVID H SWINTON X 0 0 0 DR HENRY N TISDALE X 0 0 0 JOSEPH D WALKER X 0 0 0 DR EVANS P WHITAKER X 0 0 0 TRICIA WHARTON WHITENER X 0 0 0 DR CAROLINE WHITSON X 0 0 0 MICHAEL S WILSON X 0 0 0 DR PAMELA WILSON X 0 0 0 KENNETH B WINGATE X 0 0 0 DR ROBERT L WYATT X 0 0 0 MICHAEL G LEFEVER 40.00 X 121923 0 27297 121923 0 27297 1 0 0 0 0 548260 451988 1000248 152159 152159 1233441 1356080 -122639 -122639 -122639 34473 52796 -18323 -18323 1011445 -122639 0 133836 611363 611363 341345 158072 114544 68729 16971 12728 3394 849 9950 9950 21407 11297 5802 4308 3000 1800 600 600 3204 1922 641 641 14432 6439 5005 2988 5460 2184 2184 1092 10670 3557 3557 3556 5000 5000 CONTRACT LABOR 53000 53000 0 0 DUES & SUBSCRIPTIONS 19618 6574 2020 11024 MAINTENANCE CONTRACTS 9351 5611 1870 1870 PUBLIC RELATIONS 6775 4251 1262 1262 REPAIRS & MAINTENANCE 4834 2900 967 967 1034 432 301 301 1137414 882130 157097 98187 98126 60575 346112 97406 184204 148619 39205 35585 3387280 3958736 296030 192965 4166753 4345267 0 0 X 3072016 3227672 54737 77595 1040000 1040000 4166753 4345267 4166753 4345267 X -125969 304483 X X 0 1 1 X 0 X X 0 0 0 ALLEN UNIVERSITY 570341191 2 1 1 1 10750 ANDERSON UNIVERSITY 570324906 2 1 1 1 32727 BENEDICT COLLEGE 570314365 2 1 1 1 16100 CHARLESTON SOUTHERN UNIVERSITY 570474291 2 1 1 1 24229 CLAFLIN UNIVERSITY 570314374 2 1 1 1 12210 COKER COLLEGE 570324916 2 1 1 1 35225 COLUMBIA COLLEGE 570324915 2 1 1 1 26650 COLUMBIA INTERNATIONAL 570352247 2 1 1 1 16951 CONVERSE COLLEGE 570314380 2 1 1 1 115404 ERSKINE COLLEGE 570314390 2 1 1 1 37739 FURMAN UNIVERSITY 570314395 2 1 1 1 52359 LIMESTONE COLLEGE 570314402 2 1 1 1 31089 MORRIS COLLEGE 576000734 2 1 1 1 8750 NEWBERRY COLLEGE 570314404 2 1 1 1 22604 NORTH GREENVILLE UNIVERSITY 570314406 2 1 1 1 28603 PRESBYTERIAN COLLEGE 570314408 2 1 1 1 26825 SOUTHERN WESLEYAN COLLEGE 570324936 2 1 1 1 31183 SPARTANBURG METHODIST COLLEGE 570314415 2 1 1 1 26627 VOORHEES COLLEGE 570329786 2 1 1 1 8750 WOFFORD COLLEGE 570314422 2 1 1 1 46588 20 611363 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53000 53000 1084414 1137414 188741 47185 0 0 204446 205913 196884 188741 795984 1193976 77660 58125 53000 53000 241785 51112 51478 49221 47185 198996 298494 121531 111737 9794 19387 5443 13944 43286 31439 11847 35585 1011445 1137414 -125969 304483 304483 178514 1368724 304483 52796 357279 1011445 0 1011445 1190210 52796 52796 1137414 0 1137414 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF AUGUST 31, 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XII, 2D: SPECIAL EVENTS EXPENSE OF $52,796 NETTED WITH REVENUE OF $52,796. PART XIII, 2D: SPECIAL EVENTS EXPENSE OF $52,796 NETTED WITH REVENUE. GUIDANCE TOURS 34473 34473 52796 34473 34473 52796 52796 -18323 0 ALLEN UNIVERSITY 1530 HARDEN STREET COLUMBIA SC 29204 570341191 N/A 10750 N/A N/A HIGHER EDUCATION ANDERSON UNIVERSITY 316 BOULEVARD ANDERSON SC 29621 570324906 N/A 32727 N/A N/A HIGHER EDUCATION BENEDICT COLLEGE 1600 HARDEN STREET COLUMBIA SC 29204 570314365 N/A 16100 N/A N/A HIGHER EDUCATION CHARLESTON SOUTHERN UNIVERSITY 9200 UNIVERSITY BOULEVARD NORTH CHARLESTON SC 29406 570474291 N/A 24229 N/A N/A HIGHER EDUCATION CLAFLIN UNIVERSITY 400 MAGNOLIA STREET ORANGEBURG SC 29115 570314374 N/A 12210 N/A N/A HIGHER EDUCATION COKER COLLEGE 300 EAST COLLEGE AVE HARTSVILLE SC 29550 570324916 N/A 35225 N/A N/A HIGHER EDUCATION COLUMBIA COLLEGE 1301 COLUMBIA COLLEGE DRIVE COLUMBIA SC 29203 570324915 N/A 26650 N/A N/A HIGHER EDUCATION COLUMBIA INTERNATIONAL UNIVERSITY 7435 MONTICELLO ROAD COLUMBIA SC 29203 570352247 N/A 16951 N/A N/A HIGHER EDUCATION CONVERSE COLLEGE 580 EAST MAIN STREET SPARTANBURG SC 29302 570314380 N/A 115404 N/A N/A HIGHER EDUCATION ERKSINE COLLEGE 2 WASHINGTON STREET DUE WEST SC 29639 570314390 N/A 37739 N/A N/A HIGHER EDUCATION FURMAN UNIVERSITY 3300 POINSETT HIGHWAY GREENVILLE SC 29613 570314395 N/A 52359 N/A N/A HIGHER EDUCATION LIMESTONE COLLEGE 1115 COLLEGE DRIVE GAFFNEY SC 29340 570314402 N/A 31089 N/A N/A HIGHER EDUCATION MORRIS COLLEGE 100 W COLLEGE STREET SUMTER SC 29150 576000734 N/A 8750 N/A N/A HIGHER EDUCATION NEWBERRY COLLEGE 2100 COLLEGE STREET NEWBERRY SC 29108 570314404 N/A 22604 N/A N/A HIGHER EDUCATION NORTH GREENVILLE UNIVERSITY 7801 NORTH TIGERVILLE ROAD TIGERVILLE SC 29688 570314406 N/A 28603 N/A N/A HIGHER EDUCATION PRESBYTERIAN COLLEGE 503 S BROAD STREET CLINTON SC 29325 570314408 N/A 26825 N/A N/A HIGHER EDUCATION SOUTH WESLEYAN UNIVERSITY 907 WESLEYAN DRIVE CENTRAL SC 29630 570324936 N/A 31183 N/A N/A HIGHER EDUCATION SPARTANBURG METHODIST COLLEGE 1000 POWELL MILL ROAD SPARTANBURG SC 29301 570314415 N/A 26627 N/A N/A HIGHER EDUCATION VOORHEES COLLEGE 430 PORTER DRIVE DENMARK SC 29042 570329786 N/A 8750 N/A N/A HIGHER EDUCATION WOFFORD COLLEGE 429 NORTH CHURCH STREET SPARTANBURG SC 29303 570314422 N/A 46588 N/A N/A HIGHER EDUCATION FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION REPRESENTS TWENTY INDEPENDENT COLLEGES AND UNIVERSITIES IN THE STATE OF SOUTH CAROLINA AND IS GOVERNED BY A BOARD OF TRUSTEES CONSISTING OF FIFTY-SEVEN INDIVIDUALS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF FORM 990 IS REVIEWED BY THE VICE PRESIDENT WHO DISTRIBUTES A DRAFT COPY OF THE FORM TO THE FINANCE COMMITTEE (WHICH IS COMPRISED OF BOARD MEMBERS) FOR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE ANNUAL DISCLOSURES SUBMITTED BY EACH MEMBER. FORM 990, PART VI, SECTION B, LINE 15 OFFICER'S COMPENSATION IS REVIEWED ON AN ANNUAL BASIS AND IS DERIVED FROM COMPARABLE INDUSTRY DATA AND ACHIEVEMENT OF PERFORMANCE STANDARDS ESTABLISHED AT THE BEGINNING OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 304,483. FORM 990, PAGE 12, PART XI, LINE 1, ACCOUNTING METHOD: THE FINANCIAL STATEMENTS AND FORM 990 ARE PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING AND DO NOT PURPORT TO PRESENT FINANCIAL POSITION AND RESULTS OF OPERATIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALL ACCEPTED IN THE UNITED STATES OF AMERICA. FORM 990, PAGE 12, PART XI, LINE 2C, RESPONSIBILTY FOR OVERSIGHT OF AUDIT: THE FINANCE COMMITTEE IS CURRENTLY PERFORMING SERVICES COMMON TO AN AUDIT COMMITTEE THAT WOULD OVERSEE THE AUDIT PROCESS.